ELITE COACHING: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ELITE COACHING
Largest movements
- Tangible fixed assets -€52,520
down €52,520 (-15.2%), from €346,081 to €293,562
of which Other tangible fixed assets: -€49,892
- Receivables within one year -€28,786
down €28,786 (-86.0%), from €33,461 to €4,674
of which Trade receivables: -€29,582
- Cash -€5,553
down €5,553 (-100.0%), from €5,553 to €0
mainly Net result for the year (-€58,850) and Other debts (-€43,030)
- Profit (loss) carried forward -€58,850
down €58,850, from €18,822 to -€40,027
- Other debts -€43,030
down €43,030 (-12.6%), from €340,185 to €297,155
- Trade debts +€21,603
up €21,603 (+191.0%), from €11,312 to €32,915
- Debts after one year -€16,182
down €16,182 (-27.3%), from €59,229 to €43,047
- Current portion of long-term debt +€8,323
new in 2025: €8,323
- Gross operating margin -€44,819
down €44,819, from €32,826 to -€11,993
- Depreciation +€23,128
up €23,128 (+187.2%), from €12,355 to €35,484
- Financial charges +€5,745
up €5,745 (+200.2%), from €2,870 to €8,615
- Taxes -€4,382
down €4,382, from €4,374 to -€8
- Other operating charges +€2,549
up €2,549 (+775.2%), from €329 to €2,878
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €439,172 | €355,345 | -€83,828 | -19.1% |
| Fixed assets | 21/28 | €400,081 | €347,562 | -€52,520 | -13.1% |
| Tangible fixed assets | 22/27 | €346,081 | €293,562 | -€52,520 | -15.2% |
| Plant, machinery and equipment | 23 | €1,240 | €827 | -€414 | -33.3% |
| Furniture and vehicles | 24 | €15,805 | €13,591 | -€2,215 | -14.0% |
| Other tangible fixed assets | 26 | €329,036 | €279,144 | -€49,892 | -15.2% |
| Financial fixed assets | 28 | €54,000 | €54,000 | = | 0.0% |
| Current assets | 29/58 | €39,091 | €7,783 | -€31,308 | -80.1% |
| Amounts receivable within one year | 40/41 | €33,461 | €4,674 | -€28,786 | -86.0% |
| Trade receivables | 40 | €33,461 | €3,879 | -€29,582 | -88.4% |
| Other amounts receivable | 41 | - | €795 | +€795 | |
| Cash at bank and in hand | 54/58 | €5,553 | €0 | -€5,553 | -100.0% |
| Deferred charges and accrued income | 490/1 | €78 | €3,108 | +€3,031 | +3911.0% |
| Total equity and liabilities | 10/49 | €439,172 | €355,345 | -€83,828 | -19.1% |
| Equity | 10/15 | €18,922 | -€39,927 | -€58,850 | |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,822 | -€40,027 | -€58,850 | |
| Amounts payable | 17/49 | €420,250 | €395,272 | -€24,978 | -5.9% |
| Amounts payable after more than one year | 17 | €59,229 | €43,047 | -€16,182 | -27.3% |
| Financial debts | 170/4 | €59,229 | €43,047 | -€16,182 | -27.3% |
| Amounts payable within one year | 42/48 | €361,020 | €352,224 | -€8,796 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | - | €8,323 | +€8,323 | |
| Financial debts | 43 | - | €4,863 | +€4,863 | |
| Credit institutions | 430/8 | - | €4,863 | +€4,863 | |
| Trade debts | 44 | €11,312 | €32,915 | +€21,603 | +191.0% |
| Suppliers | 440/4 | €11,312 | €32,915 | +€21,603 | +191.0% |
| Taxes, remuneration and social security | 45 | €9,523 | €8,968 | -€555 | -5.8% |
| Taxes | 450/3 | €9,523 | €8,968 | -€555 | -5.8% |
| Other amounts payable | 47/48 | €340,185 | €297,155 | -€43,030 | -12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,355 | €35,484 | +€23,128 | +187.2% |
| Other operating charges | 640/8 | €329 | €2,878 | +€2,549 | +775.2% |
| Gross operating margin | 9900 | €32,826 | -€11,993 | -€44,819 | |
| Operating profit (loss) | 9901 | €20,142 | -€50,354 | -€70,496 | |
| Financial income | 75/76B | - | €112 | +€112 | |
| Recurring financial income | 75 | - | €112 | +€112 | |
| Financial charges | 65/66B | €2,870 | €8,615 | +€5,745 | +200.2% |
| Recurring financial charges | 65 | €2,870 | €8,615 | +€5,745 | +200.2% |
| Profit (loss) for the period before taxes | 9903 | €17,272 | -€58,858 | -€76,129 | |
| Income taxes | 67/77 | €4,374 | -€8 | -€4,382 | |
| Profit (loss) for the period | 9904 | €12,897 | -€58,850 | -€71,747 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,897 | -€58,850 | -€71,747 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.